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26 December 2024 | 2 replies
Keep in mind rent control is 1 thing, its a laws for existing tenants but some city's like Newark are so strict that you must get approval for what rent can be even after a tenant moves out and new ones move in.
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11 January 2025 | 9 replies
But definitely something I will read up on in case I come across an opportunity that might be useful with.yes, please DM me the full list of Chicago meet ups!
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9 January 2025 | 43 replies
@Robert Washington We don't have any specific features geared towards military personnel, but I would be happy to set up a meeting with you to help you get the most out of the platform.
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11 January 2025 | 7 replies
@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.
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6 January 2025 | 2 replies
After putting about $50k into the property, I’m just about $25k from meeting my completion goal that includes stucco, drywall, and siding.
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30 January 2025 | 62 replies
Employers who meet criteria can receive ___ staffing via the program which are wage and benefit supplemented persons via the program.
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9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
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6 January 2025 | 2 replies
In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.
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3 February 2025 | 27 replies
Go out of state if local returns don’t meet your goals, but ensure you have a reliable team and do thorough research.Self-manage to gain experience if the property is local and you have time.
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19 January 2025 | 9 replies
My business is built around doing deals for out of state investors and my mind is BLOWN by how many flat out refuse to come visit, meet our staff or walk the property that they bought and we are rehabbing for them.